Cobra's Market View

YOU guys are obviously using it wrong, the Ipad
http://www.youtube.com/watch?v=v0FVm_H_D18

pretty big gap down, barely trading at yeseterday's lower range. We'll see if dip buyers come in. Breadth doesn't look very good though.

My traders market report summary for the day 3-19-2012, This is my first time doing a summary like this. Let me know what you guys think.

Don't try to short this market. Tick reading multiple times above 1000, strong breadth, russells decisive breakout. AAPL defies all logic.

I longed NFLX just a few minutes ago, if anyone is interested

@BullBear52x
Interesting chart. What is your stop

OK I got sell trigger on all 4 indexes, I dive in now. This is short term scalp? You are about to short the indexes at 52 week high? strictly intraday. Obviously everyone has their view on the market and I cannot say its right or wrong. I respect that. However, I've lost way too much money doing ju...

BullBear52x wrote:OK I got sell trigger on all 4 indexes, I dive in now.

This is short term scalp? You are about to short the indexes at 52 week high?

breakout, Imo 1407 is a good target on the /es with this measured move.

Very choppy day, take a look at IWM. If it breaks out above this level which looks like with its relative strength, more up ahead.

Edit: good morning Sir Cobra

Consolidation here means up. I also longed ford or "F" on my blog if anyone is interested.

A real simple chart, Imo down and possibly fill the gap before going up again. Who knows, bulls might just tell to F*** off and take off. Internals are stronger than usual today.

The mighty apple index has a trendline break.

Here comes the next leg down. Let see how far bears can go.

Commitment of traders suggest that net commercial longs arn't that impressive.

VIX going up way too fast, we are touching the upper band of BB.

We are not gonna drop much today from here since we are at/near support. Bulls will do whatever it takes to buy those bounces. Next week will start the pullback

I exited my short on IWM and now long at 82.30. with a stop at 82.

Petsamo wrote:long UNG @ 5.32, 150 shares only

Since I've been winning, the probability is high that I lose this one

Every trade is an independent event.

Thinkorswim's service is very good. However, their data feed isn't very fast. If you are a scalper or goes in and out of trades really fast, avoid it. Trading futures there is very expensive as well, 3.5$ per contract and 3.5$ per option

fehro wrote:setting up for another massive short squeeze into the close.. first a quick head fake down...sounds crazy.. but then again ...

hahah not likely, but did you read this book? lol